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Australia Forecasts Record Mining, Energy Export Sales for 2023

Australia Forecasts Record Mining, Energy Export Sales for 2023

Clean Coal
2019-12-16

WCA: CCS Regains Momentum but More Ambition Needed
The Global Carbon Capture and Storage Institute (GCCSI) has published its annual ‘Global Status of CCS’ report. CCS, or ‘Carbon capture and storage’ is a proven and essential technology that prevents CO2, from being released into the atmosphere.
Coal Mine
2019-12-15

US Coal in Downward Spiral, Says EIA
The US Energy Information Administration has released its Annual Coal Report for 2018, revealing that the nation’s coal mining employment numbers have dropped 42% in the last decade – coinciding with a drop in demand for the commodity.
2019-12-13

Coal Mining Fades and So Do Jobs
The closing of coal fired-generators in Texas and other states as coal has become an increasingly expensive source of power has resulted in job losses in coal mining, according to a report by the Department of Energy.
Coal Price
2019-12-12

Queensland's Debt Blows Out by $1b in Six Months as Coal Price Slumps
The Queensland government’s “surprise” decision to increase liquefied natural gas royalties in this year’s budget has failed to slow the state’s climbing debt level.
Coal Mine
2019-12-12

U.S. Coal Production Employment has Fallen 42% Since 2011
The U.S. Energy Information Administration’s (EIA) Annual Coal Report shows that coal mining employment has declined in the past decade as coal demand has decreased.
2019-12-11

India’s Coal Power Usage Set to Shrink for First Time in 14 Years
Coal’s use for power in India is set to shrink for the first time in at least 14 years as demand slows and cheaper and cleaner renewable sources of electricity erode the fossil fuel’s share.
2019-12-11

Renewable Energy to Become Dominant Energy Source in France’s Capacity Mix
Nuclear power, currently the dominant energy source in France, is expected to be overtaken by renewable energy by 2027. The share of renewable energy in France is expected to reach 42.9% of the country’s power mix by 2023.
Coal Trade
2019-12-10

Bearish US Thermal Coal Export Market Driven by Unsupportive Pricing
Exports of Illinois Basin coal from the US Gulf Coast and Northern Appalachian coal exports through Baltimore have both slowed considerably from levels seen this summer.
Coal Trade
2019-12-10

Japan to Keep Pushing Coal in Developing World Despite Criticism
Japan will continue providing backing to new coal-fired power projects in developing countries, a government source said Monday, despite international efforts to move away from fossil fuels that are responsible for climate change.
Coal Mine
2019-12-09

Albanese says Australia Should Continue to Export Coal
Labor leader Anthony Albanese has backed the case for Australian coal exports amid a divisive debate on shutting down the trade to act on climate change, arguing it would be wrong to damage the industry and its workers.
Coal Trade
2019-12-09

China's Jan-Nov Coal Imports Rise 10% on Year to 299 Mil mt; Exceed 2018 Total
China imported 299.3 million mt of coal, including thermal and coking coal, over January-November, up 10.2% year on year, exceeding its 2018 full year import volume of 281 million mt, General Administration of Customs data released Sunday showed.
Coal Power
2019-12-06

What does a Sunset Coal Industry Tell Oil Producers About Peak Demand?
Coal has been the main fuel of industrialization over the past century and a half. To this day, it remains a key feedstock for power generation and in making steel.
Coal Power
2019-12-06

Big European Banks Face Call to End Funding for Firms Building Coal-fired Plants
Some of Europe’s biggest banks are being challenged by environmental groups to sever all lending to utilities which they say are still developing new coal-fired power plants.
Thermal coal
2019-12-06

ANZ to Shed More than $700m in Loans to Thermal Coal Projects by 2024
ANZ has secret plans to drastically slash its lending to thermal coal mining, according to a leaked document seen by the ABC.
Coal Mine
2019-12-06

Revealed: UK Banks' £25 billion Support for Global Coal
HSBC, Standard Chartered, Barclays and Royal Bank of Scotland have continued to finance companies which are investing in new coal plants even after the Paris climate deal.
Coal Company
2019-12-06

One of the Biggest U.S. Coal Companies Filed for Bankruptcy
A judge approved a bankruptcy reorganization for one of the biggest U.S. coal companies Thursday amid ongoing uncertainty about how its mines will be bonded in the long term.
Coal Power
2019-11-29

Replacing Coal with Gas will Open New ‘Window of Opportunity’
Canada still has only one liquefied natural gas export project under construction, despite more than two dozen separate developments being pitched over the past decade.
Coal Trade
2019-11-29

India Steel Minister Expects to Increase Coking Coal Imports from Russia
India’s Steel Minister Dharmendra Pradhan said he was confident India’s imports of coking coal from Russia would increase significantly in coming months, adding that steelmakers had started testing samples of Russian coal.
Coal Mine
2019-11-28

Anglo to Sell 12% of Australian Coal Mine to Japanese Partners
Mining group Anglo American is selling a 12% stake in its coking coal operations at Grosvenor in Queensland, Australia, to a group of Japanese partners for around $141 million in cash, it said on Wednesday.
Coal Mine
2019-11-28

Coal-Fired Power Is Declining Thanks to a Slowdown in India and China
After more than a century as the world’s dominant source of electricity, coal may finally be losing its importance. Coal-fired power production is projected to fall 3 percent this year—the largest annual decline on record.
Coal Power
2019-11-28

Column: Coal use for electricity slips, but India concerns remain
A record drop in the amount of electricity generated from coal is likely this year, something that sounds positive for efforts to mitigate climate change, but things are seldom that simple.
2019-11-28

AXA to Exit Coal Investments in OECD States by 2030
France’s AXA (AXAF.PA) said it was strengthening its climate strategy by committing to exit coal more quickly across a greater number of countries, as policymakers seek a faster transition to a low-carbon economy.
Coal Power
2019-11-28

South Korea Plans to Shut Down Up to 15 Coal-Fired Power Plants for Winter
South Korea will idle up to a quarter of its coal-fired power plants between December and February to help limit air pollution, and the remaining plants should be enough to supply power over the winter, the country’s energy ministry said on Thursday.
Coal Power
2019-11-28

South Korea’s Dust Dilemma Forces Coal Plants Into Hibernation
South Korea plans to halt several coal-fired power plants this winter to try and clear toxic dust that forces residents to wear face masks and confines children indoors.
Coal Power
2019-11-27

Global Coal-Fired Electricity Production Set for Record Drop
It's only the third time coal power generation has declined since 1985. Electricity produced by coal is on track to decline by 3% globally in 2019 – the largest drop on record – according to a new analysis.

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